Sasol and ITOCHU announcing Memorandum of Understanding (MoU) on green hydrogen and ammonia
JOHANNESBURG, Sept. 2, 2022 /PRNewswire/ -- Sasol and ITOCHU Corporation have signed a Memorandum of Understanding (MoU) to jointly study and develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. The parties will also evaluate IT...
Sasol posts strong financial results supported by macroeconomic environment
* Black-owned businesses spend in South Africa up 40% to R33,6 billion of R55,8 billion B-BBEE spend * Invested R1,2 billion in skills development * Key terms agreed with IPPs for more than 600MW of renewable energy for SA Operations * Balance sheet strengthened with net debt down to US$3,...
International consortium to advance decarbonisation of the aviation sector
CARE-O-SENE research project will develop advanced catalysts for sustainable aviation fuels JOHANNESBURG, South Africa, May 25, 2022 /PRNewswire/ -- Sasol (JSE: SOL, NYSE SSL) and Helmholtz-Zentrum Berlin (HZB) will lead a consortium to develop and optimise next-generation catalysts that will pl...
Sasol ecoFT and Sweden's Uniper partner to produce sustainable aviation fuel through SkyFuelH2
JOHANNESBURG, April 28, 2022 /PRNewswire/ -- Sasol ecoFT has signed a letter of intent with Sollefteå municipality in collaboration withSweden's energy company Uniper, to investigate the possibility of establishing an industry-scale production facility for sustainable aviation fuel. Once built, t...
Sasol announces lead role in feasibility study for the Boegoebaai Green Hydrogen Project
JOHANNESBURG, Oct. 7, 2021 /PRNewswire/ -- The Boegoebaai "green hydrogen" development has been designated a Strategic Integrated Project (SIP) in the South African National Development Plan and is located in the Namakwa Special Economic Zone (SEZ). The project's location and classification as a ...
Sasol commits to net zero ambition by 2050, triples 2030 GHG emission reduction targets
JOHANNESBURG, Sept. 22, 2021 /PRNewswire/ -- Sasol Limited (Sasol) today announced its updated strategy that commits it to be at net zero emissions by 2050. This is in line with Sasol's commitment to accelerate its transition to a low carbon world in support of the objectives of the Paris Agreeme...
Sasol, Haldor Topsøe expand G2LTM licensing collaboration to grow sustainable synthetic fuels and chemicals globally
JOHANNESBURG, Sept. 15, 2021 /PRNewswire/ -- Haldor Topsøe and Sasol have expanded collaboration to jointly license and develop their technologies for sustainable liquid fuels and chemicals production through Fischer-Tropsch (FT) technology. Sasol and Topsøe currently offer integrated end-to-end...
Sasol and Central Energy Fund sign strategic MOU to accelerate gas development in South Africa
JOHANNESBURG, Sept. 7, 2021 /PRNewswire/ -- Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MOU) to collaborate on accelerating the development of gas solutions inSouth Africa. This agreement brings togetherSouth Africa's two leading pioneers of the gas industry...
Sasol delivered a strong set of results for the year ended 30 June 2021
JOHANNESBURG, Aug. 16, 2021 /PRNewswire/ -- Sasol delivered a strong set of results for the year ended30 June 2021. Our earnings before interest and tax (EBIT) of R16,6 billion increased by more than 100% compared to the prior year. This performance was underpinned by a strong cost, working capit...
Sasol issues US dollar senior notes
JOHANNESBURG, March 12, 2021 /PRNewswire/ -- Sasol Limited ("Sasol") herewith announces that its wholly owned subsidiary Sasol FinancingUSA LLC (the "Issuer") has priced an offering of US$-denominated, SEC-registered notes (the "Notes"), including$650 million of senior notes due 2026 (the "2026 N...
Sasol delivered a good set of results for the six months ended 31 December 2020
JOHANNESBURG, Feb. 22, 2021 /PRNewswire/ -- Sasol delivered a good set of results for the six months ended31 December 2020. Our earnings increased by more than 100% to R15,3 billion from R4,5 billion in the prior period. Despite a 23% decrease in the rand/barrel oil price, our adjusted EBITDA de...
Sasol reuses wax from spent catalysts as part of commitment to responsible production and consumption
JOHANNESBURG, Feb. 9, 2021 /PRNewswire/ -- In keeping with its priority Sustainable Development Goal (SDG) of responsible production and consumption, Sasol and waste management company GrnCat, have developed a solution to recover wax from spent catalysts. Since the GrnCat plant was commissioned ...
LyondellBasell and Sasol Complete Louisiana Joint Venture Transaction
HOUSTON and JOHANNESBURG, Dec. 2, 2020 /PRNewswire/ -- LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, and Sasol (JSE: SOL, NYSE: SSL), a global integrated chemicals and energy company, today announced the closing of theirLouisiana-based Int...
Sasol announces beneficial operation of Louisiana low-density polyethylene (LDPE) unit
LAKE CHARLES, La., Nov. 16, 2020 /PRNewswire/ -- Sasol today announced our LDPE unit reached beneficial operation on15 November 2020. The LDPE unit is the seventh and final Lake Charles Chemicals Complex unit to come online. The LCCP is now 100 percent complete with total capital expenditure fore...
LyondellBasell and Sasol form Integrated Polyethylene Joint Venture
HOUSTON and JOHANNESBURG, Oct. 3, 2020 /PRNewswire/ -- LyondellBasell (NYSE: LYB) and Sasol (JSE: SOL) (NYSE: SSL) today announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol's 1.5 MM ton ethane cra...
Sasol invites interested parties to partner for the development of CO2 utilisation technologies at its SA operations
JOHANNESBURG, Sept. 4, 2020 /PRNewswire/ -- Sasol is committed to reducing its overall impact on the environment and is developing and implementing on our climate change mitigation response to enable long-term resilience of the company through an updated strategy, Future Sasol and lower-carbon bu...
Sasol Announces Beneficial Operations of Fifth and Sixth Lake Charles Chemicals Project Facilities
HOUSTON, June 23, 2020 /PRNewswire/ -- Sasol today announced that the Guerbet alcohol unit at our Lake Charles Chemicals Project (LCCP) achieved beneficial operations on19 June 2020. This follows three days after achieving beneficial operations on the Ziegler alcohol unit, bringing the online cap...
Sasol Launches Cost-effective Solutions for the Oil and Gas Market: TERRAVIS PI
HOUSTON, April 15, 2020 /PRNewswire/ -- Higher production efficiency, lower costs: Sasol, the chemicals and energy company launches the new product series TERRAVIS PI for the oil and gas market globally. TERRAVIS PI is an alternative to expensive heavy paraffinic crude operations options, partic...
Sasol Announces Beneficial Operation of World-scale Louisiana Ethane Cracker
Three units now online comprise more than 60% of LCCP's total output LAKE CHARLES, Louisiana, Aug. 28, 2019 /PRNewswire/ -- Sasol today announced our world-scale U.S. Ethane Cracker reached beneficial operation on27 August 2019. Sasol's new Cracker, the heart of our Lake Charles Chemicals Project...
Sasol Celebrates Opening of New Alkoxylation Plant in China
NANJING, China, July 10, 2019 /PRNewswire/ -- Sasol Limited, an international integrated chemicals and energy company, today announced the opening of its new alkoxylation plant inNanjing. This facility – the company's largest expansion project inChina – will more than double its alkoxylation pr...
